Renewable Business Energy FAQ
What is renewable energy for business?
As hydrocarbons become scarce and human activity continues to have a marked impact on the environment, the argument for switching to greener forms of energy grows stronger, including within the policies of certain organisations who want to secure energy contracts from suppliers who get energy from renewable sources. There are a growing number of providers capable of providing renewable business energy, helping UK businesses become greener.
Where does renewable business energy come from?
Renewable energy for businesses can come from a number of sources:
- Solar power
- Tidal power
- Wind power
- Biomass power
- Geothermal power
- Hydroelectric power
Why should I seek renewable business energy?
Moving towards more renewable sources of energy for businesses not only helps reduce your carbon footprint, but it sets a standard for others to follow. It also puts your business on a sustainable footing in the long-run and could also contribute to your commercial image and reputation.
Renewable sources are naturally occurring and so the overall costs may be less volatile as a result. This is because they don’t risk running out or facing the type of supply disruptions as hydrocarbons do.
Is renewable energy more expensive for businesses?
Green energy tariffs can prove to be more expensive than those for other sources of energy. However, there is an increasing amount of competition in the renewable energy sector, giving you a growing number of options to choose from. Adequate research can help ensure you get the cheapest deals.
What is a green tariff?
Energy suppliers are increasingly offering ‘green tariffs’ as a way of supporting renewable energy. A green supply tariff ensures that some, if not all, of the electricity you purchase can be met by a matching purchase of green energy, made on your behalf.
You may find your energy comes from conventional fossil fuels, mixed in with more sustainable sources of energy. It is still debated just how this changes the amount of renewable energy you will ultimately be provided with. Green funds don’t affect or involve your actual electricity supply, but you can pay a premium towards a fund that can go towards the development of greener energy in the future.
How can I keep my renewable business energy costs down?
Going green can help your business become more energy efficient, but you can also employ a number of methods to keep your costs down while you run your business. For instance, you could invest in more energy-efficient appliances such as energy-efficient light-bulbs, which reduce general wastage and have a lower carbon footprint.
Also, you could ensure your business property is properly insulated. Poorly-insulated business properties may lose money as more heating is lost to the outdoors. Better insulation retains the heating, reducing wastage.